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yKpoI14uk [10]
3 years ago
5

In this statement, which type of spending is President

Business
2 answers:
sineoko [7]3 years ago
7 0

<u>Answer: </u>Option 2 discretionary

<u>Explanation:</u>

Spending can be mandatory spending or discretionary spending. Mandatory spending means the spending on essentials goods such as food. Discretionary spending means the spending on recreation and entertainment where people have additional money in hand after meeting their necessary expenses.

In this speech Obama speaks about the non essential expenses when they are controlled more investments can be made. He says when all the departments cut down their discretionary expenses then can result in economic growth.

shtirl [24]3 years ago
6 0

Answer:

Option 2 is the answer

Explanation:

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_____ function of management is when a manager is responsible for organizing a staff and making sure the staff members have the
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2 years ago
Brief Exercise 9-17 Record early retirement of bonds issued at a premium (LO9-7)
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Answer:

Dr Bonds payable                       $50,700

Dr premium on bonds payable     $4,265

Cr Cash                                                                                 $53,000

Cr gain on bonds retirement($50,700+$4,265-$53000) $1,965

Explanation:

The premium yet to be amortized on the bond at retirement is the carrying  value minus face value i.e  $54,965-$50,700=$4265

The premium  on bonds payable would now be debited with $4265

The cash paid on retirement would be credited to cash account

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